(PTI) Aditya Birla Sun Life AMC on Friday reported an 11 per cent decline in profit after tax (PAT) to ₹166.3 crore for three months ended December 2022.
In comparison, the company had posted a PAT of ₹186.2 crore in the same quarter of the preceding fiscal, the asset management firm said in a regulatory filing.
However, Its total income rose to ₹363.17 crore in the quarter under review from ₹353 crore a year ago.
ABSL AMC is the fourth largest asset management company in India with quarterly average assets under management of ₹2.82 lakh crore.
Aditya Birla Sun Life AMC -- a joint venture between Aditya Birla Capital and Sun Life (India) AMC Investments Inc -- is primarily the investment manager of Aditya Birla Sun Life Mutual Fund.